Spirit Airlines (SAVE) Stock Forecast, Price Target & Predictions
SAVE Stock Forecast
Spirit Airlines stock forecast is as follows: an average price target of $17.48 (represents a 607.69% upside from SAVE’s last price of $2.47) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
SAVE Price Target
SAVE Analyst Ratings
Spirit Airlines Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 16, 2024 | Christopher Stathoulopoulos | Susquehanna | $2.25 | $2.79 | -19.35% | -8.91% |
Jul 16, 2024 | Thomas Fitzgerald | Cantor Fitzgerald | $2.00 | $3.16 | -36.71% | -19.03% |
Jul 16, 2024 | Christopher Stathoulopoulos | Susquehanna | $2.50 | $3.07 | -18.57% | 1.21% |
May 07, 2024 | Duane Pfennigwerth | Evercore ISI | $3.00 | $3.44 | -12.92% | 21.46% |
May 07, 2024 | Michael Linenberg | Deutsche Bank | $3.00 | $3.35 | -10.45% | 21.46% |
Mar 27, 2024 | Brandon Oglenski | Barclays | $4.00 | $4.64 | -13.79% | 61.94% |
Dec 20, 2022 | Mike Linenberg | Deutsche Bank | $24.00 | $19.26 | 24.61% | 871.66% |
Jul 12, 2022 | - | Susquehanna | $27.00 | $24.68 | 9.40% | 993.12% |
May 03, 2022 | Jamie Baker | J.P. Morgan | $29.00 | $21.40 | 35.51% | 1074.09% |
Jan 03, 2022 | Conor Cunningham | MKM Partners | $25.00 | $22.48 | 11.21% | 912.15% |
Spirit Airlines Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 6 |
Avg Price Target | - | $2.25 | $2.79 |
Last Closing Price | $2.47 | $2.47 | $2.47 |
Upside/Downside | -100.00% | -8.91% | 12.96% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 03, 2024 | Cowen & Co. | Sell | Sell | Hold |
Aug 16, 2024 | Susquehanna | Negative | Negative | Hold |
Jul 22, 2024 | Citigroup | Sell | Sell | Hold |
Jul 16, 2024 | Cowen & Co. | Hold | Sell | Downgrade |
Jul 16, 2024 | Susquehanna | Negative | Negative | Hold |
Jul 08, 2024 | Deutsche Bank | Hold | Sell | Downgrade |
Jul 05, 2024 | Raymond James | - | Underperform | Downgrade |
May 07, 2024 | Cowen & Co. | Hold | Hold | Hold |
May 07, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
May 07, 2024 | Deutsche Bank | Hold | Hold | Hold |
Spirit Airlines Financial Forecast
Spirit Airlines Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.32B | $1.26B | $1.43B | $1.35B | $1.39B | $1.34B | $1.37B | $967.32M | $987.56M | $922.63M | $859.31M | $461.28M | $498.49M | $401.92M | $138.53M | $771.08M | $969.82M | $991.97M |
Avg Forecast | $1.13B | $1.25B | $1.28B | $1.02B | $1.14B | $1.13B | $1.17B | $1.08B | $1.13B | $1.16B | $1.30B | $1.27B | $1.32B | $1.26B | $1.47B | $1.35B | $1.39B | $1.35B | $1.35B | $962.30M | $963.13M | $922.66M | $817.93M | $459.10M | $515.98M | $383.18M | $105.65M | $827.68M | $967.32M | $989.78M |
High Forecast | $1.13B | $1.25B | $1.28B | $1.02B | $1.14B | $1.13B | $1.17B | $1.08B | $1.13B | $1.26B | $1.30B | $1.27B | $1.32B | $1.32B | $1.47B | $1.35B | $1.39B | $1.35B | $1.35B | $962.30M | $963.13M | $922.66M | $817.93M | $459.10M | $515.98M | $383.18M | $105.65M | $827.68M | $967.32M | $989.78M |
Low Forecast | $1.13B | $1.25B | $1.28B | $1.02B | $1.14B | $1.13B | $1.17B | $1.08B | $1.13B | $1.14B | $1.30B | $1.27B | $1.32B | $1.25B | $1.47B | $1.35B | $1.39B | $1.35B | $1.35B | $962.30M | $963.13M | $922.66M | $817.93M | $459.10M | $515.98M | $383.18M | $105.65M | $827.68M | $967.32M | $989.78M |
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.97% | 1.00% | 1.00% | 1.00% | 1.02% | 1.01% | 1.03% | 1.00% | 1.05% | 1.00% | 0.97% | 1.05% | 1.31% | 0.93% | 1.00% | 1.00% |
Spirit Airlines EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-101.48M | $-80.83M | $124.39M | $-76.42M | $65.29M | $100.38M | $61.44M | $-112.87M | $-61.35M | $84.41M | $-168.45M | $-27.73M | $-91.52M | $-30.56M | $-122.14M | $9.29M | $180.18M | $188.46M |
Avg Forecast | $-23.25M | $-25.70M | $-26.30M | $-20.98M | $-23.57M | $-23.21M | $-24.18M | $-22.31M | $-23.27M | $-23.85M | $-26.73M | $-242.20M | $-27.12M | $-25.91M | $-30.33M | $-220.19M | $-86.44M | $-27.72M | $-27.71M | $-200.17M | $-19.84M | $-19.00M | $-16.84M | $-28.39M | $-10.63M | $-7.89M | $-2.18M | $5.69M | $-19.92M | $-20.38M |
High Forecast | $-23.25M | $-25.70M | $-26.30M | $-20.98M | $-23.57M | $-23.21M | $-24.18M | $-22.31M | $-23.27M | $-23.45M | $-26.69M | $-193.76M | $-27.12M | $-25.71M | $-30.33M | $-176.15M | $-69.15M | $-27.72M | $-27.71M | $-160.13M | $-19.84M | $-19.00M | $-16.84M | $-22.71M | $-10.63M | $-7.89M | $-2.18M | $6.83M | $-19.92M | $-20.38M |
Low Forecast | $-23.25M | $-25.70M | $-26.30M | $-20.98M | $-23.57M | $-23.21M | $-24.18M | $-22.31M | $-23.27M | $-26.05M | $-26.77M | $-290.65M | $-27.12M | $-27.12M | $-30.33M | $-264.22M | $-103.73M | $-27.72M | $-27.71M | $-240.20M | $-19.84M | $-19.00M | $-16.84M | $-34.06M | $-10.63M | $-7.89M | $-2.18M | $4.55M | $-19.92M | $-20.38M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.74% | 3.12% | -4.10% | 0.35% | -0.76% | -3.62% | -2.22% | 0.56% | 3.09% | -4.44% | 10.00% | 0.98% | 8.61% | 3.87% | 56.13% | 1.63% | -9.04% | -9.25% |
Spirit Airlines Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-183.65M | $-157.55M | $-2.35M | $-103.91M | $-270.66M | $-36.38M | $-52.41M | $-194.70M | $-87.16M | $14.77M | $-287.86M | $-112.32M | $-157.30M | $-99.14M | $-144.43M | $-27.83M | $81.21M | $83.46M |
Avg Forecast | $-136.88M | $-68.99M | $-27.38M | $-153.31M | $-120.49M | $-140.42M | $-94.42M | $-142.44M | $-185.33M | $-251.52M | $-148.69M | $-232.61M | $-155.34M | $-161.59M | $42.57M | $-211.46M | $-122.81M | $-8.48M | $-50.13M | $-192.24M | $-95.76M | $-111.94M | $-86.33M | $-114.97M | $-160.97M | $-289.04M | $-305.61M | $-17.06M | $131.55M | $133.98M |
High Forecast | $-136.88M | $-68.99M | $-27.38M | $-153.31M | $-120.49M | $-140.42M | $-94.42M | $-142.44M | $-185.33M | $-219.00M | $-148.69M | $-186.09M | $-145.42M | $-156.13M | $42.57M | $-169.17M | $-98.24M | $-8.48M | $-50.13M | $-153.79M | $-95.76M | $-111.94M | $-86.33M | $-91.98M | $-160.97M | $-289.04M | $-305.61M | $-13.64M | $131.55M | $133.98M |
Low Forecast | $-136.88M | $-68.99M | $-27.38M | $-153.31M | $-120.49M | $-140.42M | $-94.42M | $-142.44M | $-185.33M | $-276.46M | $-148.69M | $-279.13M | $-170.76M | $-164.86M | $42.57M | $-253.75M | $-147.37M | $-8.48M | $-50.13M | $-230.69M | $-95.76M | $-111.94M | $-86.33M | $-137.97M | $-160.97M | $-289.04M | $-305.61M | $-20.47M | $131.55M | $133.98M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.98% | -0.06% | 0.49% | 2.20% | 4.29% | 1.05% | 1.01% | 0.91% | -0.13% | 3.33% | 0.98% | 0.98% | 0.34% | 0.47% | 1.63% | 0.62% | 0.62% |
Spirit Airlines SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $46.32M | - | $48.02M | $46.10M | $47.38M | $48.72M | $35.35M | $37.51M | $36.09M | $35.26M | $23.64M | $22.08M | $17.88M | $11.35M | $163.05M | $162.24M | $172.93M |
Avg Forecast | $44.88M | $49.61M | $50.76M | $40.51M | $45.50M | $44.81M | $46.68M | $43.07M | $44.93M | $46.03M | $51.59M | $50.51M | $52.35M | $50.01M | $58.54M | $53.86M | $52.85M | $53.52M | $53.48M | $38.26M | $38.29M | $36.68M | $32.52M | $24.20M | $20.51M | $15.23M | $4.20M | $99.93M | $38.46M | $39.35M |
High Forecast | $44.88M | $49.61M | $50.76M | $40.51M | $45.50M | $44.81M | $46.68M | $43.07M | $44.93M | $50.29M | $51.67M | $50.51M | $52.35M | $52.36M | $58.54M | $53.86M | $63.42M | $53.52M | $53.48M | $38.26M | $38.29M | $36.68M | $32.52M | $29.04M | $20.51M | $15.23M | $4.20M | $119.92M | $38.46M | $39.35M |
Low Forecast | $44.88M | $49.61M | $50.76M | $40.51M | $45.50M | $44.81M | $46.68M | $43.07M | $44.93M | $45.26M | $51.52M | $50.51M | $52.35M | $49.63M | $58.54M | $53.86M | $42.28M | $53.52M | $53.48M | $38.26M | $38.29M | $36.68M | $32.52M | $19.36M | $20.51M | $15.23M | $4.20M | $79.95M | $38.46M | $39.35M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | 0.89% | 0.87% | 0.89% | 0.91% | 0.92% | 0.98% | 0.98% | 1.08% | 0.98% | 1.08% | 1.17% | 2.70% | 1.63% | 4.22% | 4.39% |
Spirit Airlines EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.68 | $-1.44 | $-0.02 | $-0.95 | $-2.49 | $-0.33 | $-0.48 | $-1.79 | $-0.80 | $0.14 | $-2.73 | $-1.15 | $-1.61 | $-1.07 | $-1.81 | $-0.41 | $1.19 | $1.22 |
Avg Forecast | $-1.25 | $-0.63 | $-0.25 | $-1.40 | $-1.10 | $-1.28 | $-0.86 | $-1.30 | $-1.69 | $-2.30 | $-1.36 | $-1.45 | $-1.42 | $-1.48 | $0.39 | $-0.85 | $0.03 | $-0.08 | $-0.46 | $-1.58 | $-0.87 | $-1.02 | $-0.79 | $-2.66 | $-1.47 | $-2.64 | $-2.79 | $-0.46 | $1.20 | $1.22 |
High Forecast | $-1.25 | $-0.63 | $-0.25 | $-1.40 | $-1.10 | $-1.28 | $-0.86 | $-1.30 | $-1.69 | $-2.00 | $-1.36 | $-1.45 | $-1.33 | $-1.43 | $0.39 | $-0.85 | $0.03 | $-0.08 | $-0.46 | $-1.58 | $-0.87 | $-1.02 | $-0.79 | $-2.66 | $-1.47 | $-2.64 | $-2.79 | $-0.46 | $1.20 | $1.22 |
Low Forecast | $-1.25 | $-0.63 | $-0.25 | $-1.40 | $-1.10 | $-1.28 | $-0.86 | $-1.30 | $-1.69 | $-2.52 | $-1.36 | $-1.45 | $-1.56 | $-1.51 | $0.39 | $-0.85 | $0.03 | $-0.08 | $-0.46 | $-1.58 | $-0.87 | $-1.02 | $-0.79 | $-2.66 | $-1.47 | $-2.64 | $-2.79 | $-0.46 | $1.20 | $1.22 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.98% | -0.05% | 1.12% | -73.63% | 4.26% | 1.05% | 1.13% | 0.91% | -0.14% | 3.46% | 0.43% | 1.10% | 0.41% | 0.65% | 0.90% | 0.99% | 1.00% |
Spirit Airlines Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
SAVE | Spirit Airlines | $2.47 | $17.48 | 607.69% | Buy |
JBLU | JetBlue Airways | $5.77 | $9.63 | 66.90% | Hold |
ALGT | Allegiant Travel Company | $63.01 | $97.50 | 54.74% | Hold |
SNCY | Sun Country Airlines | $15.10 | $23.20 | 53.64% | Buy |
LUV | Southwest Airlines | $30.61 | $43.08 | 40.74% | Hold |
AAL | American Airlines Group | $13.54 | $18.91 | 39.66% | Hold |
HA | Hawaiian | $18.00 | $18.25 | 1.39% | Hold |
DAL | Delta Air Lines | $58.39 | $56.85 | -2.64% | Buy |
UAL | United Airlines | $80.46 | $71.06 | -11.68% | Buy |
SAVE Forecast FAQ
Is Spirit Airlines a good buy?
Yes, according to 11 Wall Street analysts, Spirit Airlines (SAVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of SAVE's total ratings.
What is SAVE's price target?
Spirit Airlines (SAVE) average price target is $17.48 with a range of $2 to $35, implying a 607.69% from its last price of $2.47. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Spirit Airlines stock go up soon?
According to Wall Street analysts' prediction for SAVE stock, the company can go up by 607.69% (from the last price of $2.47 to the average price target of $17.48), up by 1317.00% based on the highest stock price target, and down by -19.03% based on the lowest stock price target.
Can Spirit Airlines stock reach $4?
SAVE's average twelve months analyst stock price target of $17.48 supports the claim that Spirit Airlines can reach $4 in the near future.
What are Spirit Airlines's analysts' financial forecasts?
Spirit Airlines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.53B (high $4.53B, low $4.53B), average EBITDA is $-93.275M (high $-93.275M, low $-93.275M), average net income is $-498M (high $-498M, low $-498M), average SG&A $180.06M (high $180.06M, low $180.06M), and average EPS is $-4.546 (high $-4.546, low $-4.546). SAVE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.67B (high $4.67B, low $4.67B), average EBITDA is $-96.23M (high $-96.23M, low $-96.23M), average net income is $-387M (high $-387M, low $-387M), average SG&A $185.76M (high $185.76M, low $185.76M), and average EPS is $-3.53 (high $-3.53, low $-3.53).
Did the SAVE's actual financial results beat the analysts' financial forecasts?
Based on Spirit Airlines's last annual report (Dec 2023), the company's revenue was $5.36B, which missed the average analysts forecast of $5.4B by -0.73%. Apple's EBITDA was $-68.532M, missing the average prediction of $-304M by -77.42%. The company's net income was $-447M, missing the average estimation of $-486M by -7.90%. Apple's SG&A was $0, missing the average forecast of $214.76M by -100.00%. Lastly, the company's EPS was $-4.1, beating the average prediction of $-3.357 by 22.12%. In terms of the last quarterly report (Dec 2023), Spirit Airlines's revenue was $1.32B, beating the average analysts' forecast of $1.32B by 0.38%. The company's EBITDA was $-101M, beating the average prediction of $-27.119M by 274.19%. Spirit Airlines's net income was $-184M, beating the average estimation of $-155M by 18.23%. The company's SG&A was $0, missing the average forecast of $52.35M by -100.00%. Lastly, the company's EPS was $-1.68, beating the average prediction of $-1.419 by 18.43%